Top Copper Brokers for 2020

We found 11 online brokers that are appropriate for Trading Copper.

Best Copper Brokers Guide

Copper Brokers

Copper is an industrial metal traded on the commodity markets. The most common instruments through which it is bought and sold in the financial markets include spot, futures, options, ETF and CFD.

Copper is one of the most popular metals in the world and relatively inexpensive compared to gold and other precious metals. It is used in several industries like heating and cooling machinery, roofing, plumbing, wiring, motors and generators.

Why Copper is Traded

We explain why copper trading is favoured against other metals.

Diversification

Trading copper in the equity-only portfolio helps in bringing down the volatility as it is not correlated with other asset classes.

Safe haven

Copper brokers emphasize it is a safe haven during market turbulence and economic uncertainty.

Inflation hedging

Copper has the ability to hold its value even after the devaluation of currency due to inflation.

Copper Brokers and CFD

Copper brokers allow trading the metal with CFDs as it saves the cost for copper storage. The metal is typically traded in both upward as well as downward price movements.

Trading the metal through CFDs is usually free of any kind of commission. Copper brokers earn through spreads. Traders earn through profit.

Top Copper Players

Copper is traded on several markets across the world and here we will discuss some of the key players in the industry which are mining and exploration companies.

Freeport McMaran

Shares of Freeport McMoRan can be bought or sold on the New York Stock Exchange. The company was founded in 1912 and currently a second-largest producer in the world.

BHP Billiton

The Anglo-Australian company is the largest producer of copper in the world. Shares of the company are listed on New York Stock Exchange, London Stock Exchange, Sydney Stock Exchange and Johannesburg Stock Exchange.

Southern Copper

Owned by Grupo Mexico, the company produces several metals including copper, silver, zinc and gold. It is listed on the New York Stock Exchange and Lima.

Rio Tinto

The Australian-British company was founded in 1873 and its shares can be traded on Sydney Stock Exchange, New York Stock Exchange and London Stock Exchange.

Top Industries Using Copper

Building construction

The metal is widely used in building construction in the form of electrical wiring and waterproofing.

Transportation equipment

Due to the strong conductivity nature of copper, it is also widely used in electric motors.

Electric products

Copper is used in cathode ray tubes, vacuum tubes, magnetrons, electromagnets and integrated circuits.

Consumer products

< p>It has an antimicrobial property and so widely used in doorknobs, cookware, bed rails and musical instruments.

Industrial machinery

Copper helps in creating engraving equipment, printmaking and glassmaking.

Trading Copper

The copper trade has existed since ancient times precisely in ancient Roman times. Copper can be found in mines in various parts of the world and has been traded since 8,700 BC.

Copper is a very useful material, besides being able to conduct electricity, it can also be used in everyday life.

Copper is a commodity that is well known in the world of commerce. Material which is also known as Dr. Copper has an important role in the economic field.

Copper prices are a reliable benchmark by commodity traders in the global economy. Therefore, copper investment is a way for investors to show their views on world GDP.

Are you curious about the copper trade? Here are some reasons that you can consider in valuing the copper trade:

Considerations about industrial development

Copper is a material that has a lot of industrial uses.

Nowadays, copper is the main commodity needed in building a country's infrastructure. Developing countries such as Eastern Europe, Asia, and Africa began to improve the quality of the economy in their countries.

Not only that, but these countries also build infrastructure so that the demand for copper will increase along with the growth of their countries.

It is not surprising that investors who expect international developments begin to consider copper investments.

Speculating on Housing Markets

A few years ago, the housing market crashed in 2008.

Many investors believe that there is still the worst that could happen.

They then began to glance at copper investments and always had them in their portfolios.

As the market continues to increase, the demand for housing in the region will also continue to increase.

Copper is a material that has a very important role in global housing development. Copper investment is one of the best prospects in trading.

Estimating market demand

During this time, the balance between copper mining and recycling has never been successful, causing market demand to fail to be fulfilled.

High market demand can be fulfilled by expanding the mine and opening new copper mines, but this has caused some community groups to worry.

Environmental problems and limited land are a trigger for imbalances and eventually, this problem has been stretched out for years.

If you review these considerations, copper investment is indeed quite risky, but it does not rule out the possibility of success because of the continued demand for copper in the long run.

After you read some of the reasons above, are you still hesitant to invest or not? All investments do not only promise profit but also the potential for risk of failure.

Therefore, the investor or trader must be smart in assessing all the possibilities that can occur before making a decision.

In copper investment, the consideration of traders in buying metals is to reduce the risk of their overall portfolio. Most traders allocate their assets to stocks and bonds.

Copper is a trading commodity that provides various forms of assets that can reduce the overall market mood in their portfolios.

Copper trading can also be used to invest in different ways in this global economic system. This copper investment also has an impact, especially in sectors that are still developing and require large infrastructure.

The copper business also has a chance of betting in the housing sector that is recovering as the economic growth matures.

Copper Trading Risk

In addition to bringing profits, copper trading can also pose risks. This risk is very likely to occur if the global economy begins to slow down significantly or if the economy experiences a global recession.

This recession and economic slowdown are very influential on copper prices. Surely copper value will be hit.

Prices of other industrial metal commodities that also experienced a decline will cause buyers to change their choice with other metals such as copper at lower prices.

Although the losses incurred have a significant impact, copper traders can reduce their losses by buying other industrial metals.

Copper Trading Futures

Many traders speculate about metal prices in the future. Investors also use leverage to buy contracts on the exchange for the future.

To anticipate a fall in prices, investors must install additional margins to be able to maintain their stock position.

Another thing that must be considered is when a futures contract will expire, the investor must be able to rotate the position forward for the following month or accept the physical shipment of the commodity.

Investing in the futures market is quite challenging because it requires a lot of improvisation and traders must also be able to maintain their active position in the market.

Copper Trading ETFs and CFD

There are several ways you can choose to invest in copper. One way is to use funds that are traded on an exchange that can be known as exchange-traded funds (ETF).

ETF also invests in copper mining stock baskets and has management costs passed on to shareholders. Another way you can use to invest in copper is through contracts for differences (CFDs).

CFDs allow traders to speculate on commodity prices without actually owning mining stocks, gold bars, and the like.

CFDs have the benefit of offering leverage on trades allowing trades to trade more than their deposited amounts. Be aware that with CFDs you may lose more than your deposited amount.

Trading Copper Verdict

Many experts agree that the size of the unknown copper price is evidence of the strength of the Chinese economy in the following decade.

China has seen the biggest growth and plays a very important part in the price of copper. Experts believe that strong Chinese demand will lead to higher metal prices in the long run.

BMI Research stated that they saw strong demand for copper in China.

There was also a slowdown in production supplies, especially in Chile and China. The positive movement in the global copper market is a special attraction. Analysts support that with such performance it is unlikely that copper prices will win.

Next to gold, copper is most in demand in the financial markets. It is an industrial metal and relatively inexpensive compared to other precious metals.

After the 2008 recession, copper investment is being treated as safe haven and most of the copper brokers insist on trading it. It almost remains stable during turbulence and economic uncertainty.

We've collected thousands of datapoints and written a guide to help you find the best Copper Brokers for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best copper brokers below. You can go straight to the broker list here.

Reputable Copper Brokers Checklist

There are a number of important factors to consider when picking an online Copper trading brokerage.

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Our brokerage comparison table below allows you to compare the below features for brokers offering Copper Brokers.

We compare these features to make it easier for you to make a more informed choice.

Top 15 Copper Brokers of 2020 compared

Here are the top Copper Brokers.

Compare Copper Brokers min deposits, regulation, headquarters, benefits, funding methods and fees side by side.

All brokers below are copper brokers. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more copper brokers that accept copper clients

Broker eToro XTB City Index Plus500 EasyMarkets HY Markets AvaTrade Forex.com Markets.com SpreadEx Axitrader
Rating
Regulation Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Monetary Authority of Singapore (MAS) Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546 Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) Financial Conduct Authority (FCA), FCA reference number 186171, Cyprus Securities and Exchange Commission (CySEC), CySEC license number 259/14, Cayman Islands Monetary Authority (CIMA), CIMA reference number 1442313, Dubai financial services authority (DFSA), DFSA license number 000048 Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI) Financial Conduct Authority (FCA), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA) Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC) Financial Conduct Authority (FCA) Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA)
Min Deposit 200 No minimum deposit 25 100 100 100 250 100 250 1 No minimum deposit
Funding
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
  • Bank transfer
  • Credit Card
  • Paypal
Used By 12,000,000+ 200,000+ 14,000+ 15,500+ 142,500+ 10,000+ 200,000+ 150,000+ 10,000+ 10,000+ 10,000+
Benefits
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Low min deposit
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Offers Negative Balance Protection
  • Allows scalping
  • Allows hedging
  • Low min deposit
  • Guaranteed stop loss
  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit
Accounts
  • Demo account
  • Standard account
  • Islamic account
  • Pro account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Managed account
  • Demo account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
  • Demo account
  • Mini account
  • Standard account
  • Islamic account
  • Demo account
  • Standard account
  • Demo account
  • Micro account
  • Mini account
  • Standard account
  • ECN account
  • Islamic account
Spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
  • fixed spreads
  • variable spreads
Platforms Web Trader, Tablet & Mobile apps MT4, Mirror Trader, Web Trader, Tablet & Mobile apps MT4, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, Web Trader, Tablet & Mobile apps MT4, Tablet & Mobile apps MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps MT4, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and mobile apps MT4, MT5, Web Trader, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile apps
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Learn More Sign Up with
etoro
Sign Up with
xtb
Sign Up with
cityindex
Sign Up with
plus500
Sign Up with
easymarkets
Sign Up with
hycm
Sign Up with
avatrade
Sign Up with
forexcom
Sign Up with
marketscom
Sign Up with
spreadex
Sign Up with
axitrader
Risk Warning 75% of retail investor accounts lose money when trading CFDs with this provider. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 74% of retail investor accounts lose money when trading CFDs with this provider 76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Your capital is at risk Losses can exceed deposits 79% of retail investor accounts lose money when trading CFDs with this provider 73% of retail investor accounts lose money when trading CFDs with this provider 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Losses can exceed deposits Losses can exceed deposits
Demo eToro
Demo
XTB
Demo
City Index
Demo
Plus500
Demo
easyMarkets
Demo
HYCM
Demo
AvaTrade
Demo
Forex.com
Demo
Markets.com
Demo
SpreadEx
Demo
Axitrader
Demo
Excluded Countries IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, PY, HN, GT, PR, NI, US, IN, PK, BD, NG , ID, BE US, CF, TD, CG, CG, CI, CU, GN, ER, GN, FR, GW, HT, IR, IQ, KR, LB, LR, LY, MM, NZ, NG, SL, SO, SD, SY, TM, UZ, VE, EH, YE, ZW BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE US US BE, BR, KP, NZ, TR, US, CA, SG BE RU, BR, CH, ZA, SG, JP, US, CA, BE, IL, TR, NZ, MY, SY, TH, ID, IR, IQ, HK, PH, PR US, TR US, JP

All Copper brokers in more detail

You can compare Copper Brokers ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.

We also have an indepth Top Copper Brokers for 2020 article further below. You can see it now by clicking here

We have listed top Copper brokers below.

Copper Brokers List

eToro
(4/5)
Min deposit : 200
eToro was established in 2006 and is used by over 12000000+ traders. 75% of retail investor accounts lose money when trading CFDs with this provider. eToro offers Stocks, Commodities, Forex, CFDs, Social Trading, Indices, Cryptocurrency

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC)
XTB
(4/5)
Min deposit : 0
XTB was established in 2002 and is used by over 200000+ traders. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. XTB offers Forex, CFDs, Cryptocurrency

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mirror Trader, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego
City Index
(4/5)
Min deposit : 25
City Index was established in 1983 and is used by over 14000+ traders. 74% of retail investor accounts lose money when trading CFDs with this provider City Index offers Forex, CFDs, Spread Betting

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Monetary Authority of Singapore (MAS)
Plus500
(4/5)
Min deposit : 100
Plus500 was established in 2008 and is used by over 15500+ traders. 76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Plus500 offers CFDs


Plus500 offer a 100% Free and Unlimited Demo account 0 Commissions Tight Spreads

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546
EasyMarkets
(4/5)
Min deposit : 100
easyMarkets was established in 2001 and is used by over 142500+ traders. Your capital is at risk easyMarkets offers CFD, Forex, Commodities, Indices, Shares, Crypto

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC)
HY Markets
(4/5)
Min deposit : 100
HYCM was established in 1977 and is used by over 10000+ traders. Losses can exceed deposits HYCM offers Forex, CFDs

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), FCA reference number 186171, Cyprus Securities and Exchange Commission (CySEC), CySEC license number 259/14, Cayman Islands Monetary Authority (CIMA), CIMA reference number 1442313, Dubai financial services authority (DFSA), DFSA license number 000048
AvaTrade
(4/5)
Min deposit : 250
AvaTrade was established in 2006 and is used by over 200000+ traders. 79% of retail investor accounts lose money when trading CFDs with this provider AvaTrade offers Forex, CFDs, Spread Betting, Social Trading

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Central Bank of Ireland, Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Financial Stability Board (FSB), British Virgin Islands Financial Services Commission (BVI)
Forex.com
(4/5)
Min deposit : 100
Forex.com was established in 1999 and is used by over 150000+ traders. 73% of retail investor accounts lose money when trading CFDs with this provider Forex.com offers Forex, Indices, Commodities, Equities, Cryptocurrencies

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, WebTrader, Advantage Trader Pro, TradingView, Tablet and mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Cayman Islands Monetary Authority (CIMA), Investment Industry Regulatory Organization of Canada (IIROC), National Futures Association (NFA)
Markets.com
(4/5)
Min deposit : 250
Markets.com was established in 2008 and is used by over 10000+ traders. 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Markets.com offers Forex, CFDs and Spread Bets. Spread Bets are only available to UK customers

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, MT5, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC)
SpreadEx
(4/5)
Min deposit : 1
SpreadEx was established in 1999 and is used by over 10000+ traders. Losses can exceed deposits SpreadEx offers Forex, CFDs, and spread betting

Funding methods

Bank transfer Credit Card Paypal

Platforms

Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA)
Axitrader
(4/5)
Min deposit : 0
Axitrader was established in 2007 and is used by over 10000+ traders. Losses can exceed deposits Axitrader offers Forex, CFDs, Social Trading

Funding methods

Bank transfer Credit Card Paypal

Platforms

MT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile apps

Customer support

Live chat Phone support Email support

Account Types

Micro account Standard account Islamic account VIP account
Regulated by Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA)